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Bruce Plaza 18210 E Burnside St 7,200 SF Office Building Portland, OR 97233 $1,425,000 ($197.92/SF)
INVESTMENT HIGHLIGHTS
- New roof installed January 2025
- Each unit has its own restroom
- Large monument sign facing E Burnside Street
- New HVAC units being installed in September
- 25 off-street parking stalls
- Located along MAX light rail line, 1 minute walk to E 181st Avenue stop
EXECUTIVE SUMMARY
Owner/user or investor purchase opportunity within the Downtown Rockwood area. The two-story 7,200 square foot office building is demised down into four suites on each floor and is situated on a 17,622 square foot lot. Two outside stairwells access the second floor. There is a wheelchair ramp to access the first floor.
There are three vacant suites and the balance of the tenants are on month-to-month agreements. Each unit has its own restroom within the space. Seller is replacing all the HVAC units in September.
There are three vacant suites and the balance of the tenants are on month-to-month agreements. Each unit has its own restroom within the space. Seller is replacing all the HVAC units in September.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Building Size
7,200 SF
Building Class
C
Year Built
1974
Price
$1,425,000
Price Per SF
$197.92
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,600 SF
Slab To Slab
10’
Building FAR
0.41
Lot Size
0.40 AC
Opportunity Zone
Yes
Zoning
RTC
Parking
25 Spaces (3.47 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Number | R283558 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $430,480 |
PROPERTY TAXES
Parcel Number
R283558
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$430,480
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Bruce Plaza | 18210 E Burnside St
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